Supply Chain

Supply range optimization is the application of processes and tools to ensure the optimum operation of a manufacturing and dispersion supply filament. This includes the optimal organization of inventory within the supply chain, minimizing operating costs (including manufacturing costs, dose costs, and distribution costs). This often involves the application of mathematical modelling techniques employ computer software.
|Contents |
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|1 What need is being address? |
|2 What approaches and solutions exist? |
|3 What are the claims for supply chain optimization?



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|4 Flowcasting |
|5 Recent developments |
|6 gather also |

[edit] What need is being addressed?
Typically, supply chain managers are trying to maximize the pull aheadable operation of their manufacturing and distribution supply chain. This could include measures like maximizing gross rim return on inventory invested (GMROII) (balancing the cost of inventory at all points in the supply chain with availability to the customer), minimizing bestow operating expenses (transportation, inventory and manufacturing), or maximizing gross profit of products distributed through the supply chain. Supply chain optimization addresses the oecumenic supply chain problem of delivering products to customers at the lowest issue forth cost and highest profit. This includes trading off the costs of inventory, transportation, distributing and manufacturing.
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